Chamath
speaker
939 appearances
12 recordings
2 series
first heard Jun 2024
last heard 3 Jun
Chamath’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 8 in all, peaking in Nov 2025 with 2.
Appearances
Right.
It's just too easy. You'll be able to do it on a local computer. I mean, you'll just download the entire database of every call on a MacBook with an M3 and just run it.
Yeah. I mean, to restate it, watch people use a piece of software and then based on what they do, you could write the code, which you could take a video of a video game today, like Angry Birds. And somebody did this. You give the Angry Birds iPad game from 15 years ago to AI, it's going to back into the code. just by watching it. So why not just watch people use Salesforce or Workday?
Well, I saw the Klarna story where they said they were going to rip out Salesforce and Workday because they were able to write their own bespoke code using AI. I mean, I have to say I'm a little bit skeptical of that story for a couple of reasons. One is... If that's their goal, why wouldn't they have open-sourced these products they created?
You might as well get the whole ecosystem working on it because they're not trying to sell this product that they've internally created. They're just trying to rip out the cost, so why not let the whole ecosystem see it? The other thing is, if it's so easy to do, why hasn't the market already been flooded with new startups that are effectively able to reverse-engineer
Yeah, look, I think that if you're only using a few use cases of these big, complicated software packages, then yeah, it's probably easier than ever to deprecate them, you know, eliminate them from your stack and just have your own internal engineers build specifically what you need in a more tightly integrated way. I think that is possible.
Yeah, but the product's garbage. I mean, look how ridiculous this is.
It's built on top of Oracle's PeopleSoft suite, which they refused to customize without an extra 400 million to hit 1 billion. New Yorkers got the image below and pay 5 million plus a year for hosting.
Look, this is egregious government waste. I mean, that site looks like it's pathetic. I mean, honestly, this looks like it could have been done with a SharePoint site and you pay some consultant to stand it up for 1% of the cost. And there are more modern platforms than that. So this is just incredibly wasteful and inefficient government spending.
They're going for retro. They were going for retro. They wanted to harken back to the 90s.
Right, but that 600 million that was wasted on that crappy portal, that shouldn't have happened even without AI, right? Because there's like much better ways. You could buy a much better product for 1% of the cost, or 0.1% of the cost.
There must be some regulatory capture going on here where somebody's got a record. No, I think it's relationships. That's what I'm saying. Like a 10-year relationship with somebody in Albany that, you know, worked at Oracle previously.
It's waste, fraud, and abuse. It's the same thing that's happening with rural internet. Do you see that story? Paradoxically, it's our next story.
So let's go for it. In related news of our government burning our money, Raw broadband, rural broadband and EV charging, $42 billion and $7.5 billion, almost $50 billion combined. Let's just go over these two programs real quickly here. Both were part of the $1.2 trillion infrastructure bill in 2021.
$42 billion carved out to provide high-speed internet to people living on farms in rural locations. $7.5 billion carved out to build 500,000 EV chargers over 10 years. It's been 1,000 days since the bill was passed, so let's check on the progress. Zero people have been connected, according to FCC Commissioner Brendan Carr. And eight.
One, two, three, four, five, six, seven, eight EV chargers have been built as of May, according to AutoWeek magazine. What's even crazier, private industry already solved these problems. United Airlines just announced they're putting Starlink on a thousand of their planes and they're going to offer it for free. And Starlink now has 2,500 planes under contract. with a bunch of other airlines.
And in the second half of 2023 alone, the private sector built over a thousand charging stations in the US. These are two problems that have already been solved, Sax. Why are we burning $50 billion in the future with On things that have already been solved. We've solved for this. I own electric cars. I have Starlink.
Graft. Keep going. I mean, you tell me. Corruption, graft, buying votes from your constituents?
Incompetence, yes. Yes.
Well, there's a couple of things going on here. So one is typical government waste, fraud, and abuse, where they've allocated 42 billion for rural internet, haven't hooked anyone up, and we could spend a fraction of that giving people Starlink. and allowing the private sector to do its job.
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